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STATENA

Active
Coöperatieve vennootschap met onbeperkte aansprakelijkheidfounded 1992active for 34 yearsMottestraat(HF) 5, 1540 Pajottegem, BelgiumKBO/BCE: BE 0448.480.686
Summary

STATENA has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128,946 and a net result of €1,907, of which €8,264 non-recurring income. Equity remains stable across the filed financial years (±0.7% per year). Its solvency ranks better than 45% of 15,705 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Other tax advisory services
NACE 69209
1 site
Size
€245,385total assets 2025
Equity
€128,946
Profit
€1,907
Turnover not published (micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 1 day early
Why 93lowers riskSector: Legal and accounting activities (NACE 69)Size: total assets €245,385Founded in 1992Liquidity: current ratio 2.34, cash €36,281Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 41% of its sector peers (NACE 69, micro)
Financial strength · tick = 2024
Strong
Solvency 78+1
equity 52.5% of total assets
Liquidity 68+13
short-term debt 9.1% · cash 14.8%
Profitability 68+11
return on assets 0.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,062 companies, NACE 69, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.34, compared with 0.86 in 2024, above the usual 1.5; short-term debt: 9.1% and cash: 14.8% of total assets), and 47.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro): better than 48% on solvency, 57% on liquidity, 17% on profitability and 41% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Size: total assets €245,385
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 2.34, cash €36,281
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
2 days early
2022
3 days early
2021
31 days late
2020
6 days early
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end26-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2019 to 2025net €1,907 ▲17.6%
  3. Liquidity more than doubledcurrent ratio 2.34

Financials · financial year 2025, micro format

Equity
€128,946▲ 1.5%
2024 · €127,039
Total assets
€245,385▲ 1.2%
2024 · €242,471
Net result
€1,907▲ 17.6%
2024 · €1,621
Working capital
€30,022
2024 · -€4,130
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 24% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€12,627 2025 Net result€1,907 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€6,009-€5,085▼ 15.4%€6,459▲ 27.0%€6,002▼ 7.1%€6,424▲ 7.0%€10,224▲ 59.2%€12,627▲ 23.5%
Net result€152-€516below the sector's middle half▲ 240%€576below the sector's middle half▲ 11.6%€186below the sector's middle half▼ 67.7%€1,077below the sector's middle half▲ 479%€1,621below the sector's middle half▲ 50.5%€1,907below the sector's middle half▲ 17.6%
Equity€123,063-€123,579within the sector's middle half▲ 0.4%€124,155within the sector's middle half▲ 0.5%€124,341within the sector's middle half▲ 0.1%€125,418within the sector's middle half▲ 0.9%€127,039within the sector's middle half▲ 1.3%€128,946within the sector's middle half▲ 1.5%
Total assets€212,078-€213,231within the sector's middle half▲ 0.5%€236,950within the sector's middle half▲ 11.1%€260,426within the sector's middle half▲ 9.9%€252,919within the sector's middle half▼ 2.9%€242,471within the sector's middle half▼ 4.1%€245,385within the sector's middle half▲ 1.2%
Debt€89,015-€89,652▲ 0.7%€112,795▲ 25.8%€136,085▲ 20.6%€127,501▼ 6.3%€115,432▼ 9.5%€116,439▲ 0.9%
Working capital€24,583-€23,593within the sector's middle half▼ 4.0%€12,007within the sector's middle half▼ 49.1%-€4,181below the sector's middle half-€13,400below the sector's middle half▼ 220%-€4,130below the sector's middle half▲ 69.2%€30,022within the sector's middle half
Solvency58.0%-58.0%within the sector's middle half▼ 0.1pp52.4%within the sector's middle half▼ 5.6pp47.7%within the sector's middle half▼ 4.7pp49.6%within the sector's middle half▲ 1.8pp52.4%within the sector's middle half▲ 2.8pp52.5%within the sector's middle half▲ 0.2pp
Current ratio3.73-3.95within the sector's middle half▲ 0.221.88within the sector's middle half▼ 2.070.85below the sector's middle half▼ 1.020.59below the sector's middle half▼ 0.260.86below the sector's middle half▲ 0.262.34within the sector's middle half▲ 1.49
Return on assets (ROA)0.1%-0.2%below the sector's middle half▲ 0.2pp0.2%below the sector's middle half=0.1%below the sector's middle half▼ 0.2pp0.4%below the sector's middle half▲ 0.4pp0.7%below the sector's middle half▲ 0.2pp0.8%below the sector's middle half▲ 0.1pp
above within below the middle half of NACE 69, Legal and accounting activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €245,385
Fixed assets €193,023 ▼ 11.3%
Current assets €52,362 ▲ 111%
Equity and liabilities €245,385
Equity €128,946 ▲ 1.5%
Debt €116,439 ▲ 0.9%
Debt's share of the balance-sheet total falls from 47.6% to 47.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€38,196▲
2024 · €30,851
Cash flow
€27,476▲
2024 · €22,248
Debt to equity
0.90▼
2024 · 0.91
ROE
1.5%▲
2024 · 1.3%
Interest coverage
5.74▲
2024 · 4.45
Debt ≤ 1 year
€22,340▼
2024 · €28,942
Debt > 1 year
€90,000▲
2024 · €84,155
Income taxes
€4,071▲
2024 · €1,678
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€242,471€245,385▲
Fixed assets21/28€217,659€193,023▼
Tangible fixed assets22/27€217,659€193,023▼
Land and buildings22€180,615€168,762▼
Plant, machinery and equipment23€5,405€3,906▼
Furniture and vehicles24€31,639€20,355▼
Current assets29/58€24,812€52,362▲
Amounts receivable within one year40/41€13,159€11,890▼
Trade receivables40€13,159€11,890▼
Cash at bank and in hand54/58€11,653€36,281▲
Deferred charges and accrued income490/1-€4,191
Equity and liabilities
Total equity and liabilities10/49€242,471€245,385▲
Equity10/15€127,039€128,946▲
Contributions10/11€50,000€50,000=
Reserves13€5,000€5,000=
Non-distributable reserves130/1€5,000€5,000=
Reserves not available under the articles1311€5,000€5,000=
Profit (loss) carried forward14€72,039€73,946▲
Amounts payable17/49€115,432€116,439▲
Amounts payable after more than one year17€84,155€90,000▲
Financial debts170/4€84,155€90,000▲
Amounts payable within one year42/48€28,942€22,340▼
Current portion of amounts payable after more than one year42€8,036€4,155▼
Trade debts44€1€150▲
Suppliers440/4€1€150▲
Taxes, remuneration and social security45€7,127€8,801▲
Taxes450/3€7,127€8,801▲
Other amounts payable47/48€13,778€9,234▼
Accrued charges and deferred income492/3€2,335€4,099▲
Income statement Code20242025
Non-recurring operating income76A-€8,264
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,627€25,569▲
Other operating charges640/8€2,631€2,684▲
Gross operating margin9900€33,482€40,880▲
Operating profit (loss)9901€10,224€12,627▲
Financial income75/76B€13-
Recurring financial income75€13-
Financial charges65/66B€6,938€6,649▼
Recurring financial charges65€6,938€6,649▼
Profit (loss) for the period before taxes9903€3,299€5,978▲
Income taxes67/77€1,678€4,071▲
Profit (loss) for the period9904€1,621€1,907▲
Profit (loss) for the period to be appropriated9905€1,621€1,907▲
Appropriation of the result
Profit (loss) to be appropriated9906€72,039€73,946▲
Profit (loss) brought forward from the previous period14P€70,418€72,039▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A------€8,264-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,058€14,704€19,610€14,970€20,016€20,627€25,569▲ 24.0%
Other operating charges640/8--€2,643€3,093€3,027€2,631€2,684▲ 2.0%
Non-recurring operating charges66A----€508---
Gross operating margin9900€16,456€22,267€28,711€24,065€29,975€33,482€40,880▲ 22.1%
Operating profit (loss)9901€6,009€5,085€6,459€6,002€6,424€10,224€12,627▲ 23.5%
Financial income75/76B--€0--€13--
Recurring financial income75-€0€0--€13--
Financial charges65/66B--€3,762€3,918€5,235€6,938€6,649▼ 4.2%
Recurring financial charges65€4,057€3,303€3,762€3,918€5,235€6,938€6,649▼ 4.2%
Profit (loss) for the period before taxes9903€1,952€1,782€2,696€2,084€1,189€3,299€5,978▲ 81.2%
Income taxes67/77€1,800€1,265€2,120€1,898€112€1,678€4,071▲ 143%
Profit (loss) for the period9904€152€516€576€186€1,077€1,621€1,907▲ 17.6%
Transfer from tax-exempt reserves789--€10,990€7,730----
Profit (loss) for the period to be appropriated9905€152€516€11,566€7,916€1,077€1,621€1,907▲ 17.6%
Line2019202020212022202320242025Change
Assets
Total assets20/58€212,078€213,231€236,950€260,426€252,919€242,471€245,385▲ 1.2%
Fixed assets21/28€178,480€181,641€211,235€236,369€233,266€217,659€193,023▼ 11.3%
Tangible fixed assets22/27€178,480€181,641€211,235€236,369€233,266€217,659€193,023▼ 11.3%
Land and buildings22--€190,430€191,613€184,569€180,615€168,762▼ 6.6%
Plant, machinery and equipment23--€13,276€10,096€7,689€5,405€3,906▼ 27.7%
Furniture and vehicles24--€7,528€34,660€41,008€31,639€20,355▼ 35.7%
Current assets29/58€33,598€31,590€25,715€24,057€19,653€24,812€52,362▲ 111%
Amounts receivable within one year40/41€8,554€9,445€12,439€12,608€11,218€13,159€11,890▼ 9.6%
Trade receivables40--€11,644€12,608€11,218€13,159€11,890▼ 9.6%
Other amounts receivable41--€795-----
Cash at bank and in hand54/58€25,045€22,145€13,276€11,449€8,435€11,653€36,281▲ 211%
Deferred charges and accrued income490/1------€4,191-
Equity and liabilities
Total equity and liabilities10/49€212,078€213,231€236,950€260,426€252,919€242,471€245,385▲ 1.2%
Equity10/15€123,063€123,579€124,155€124,341€125,418€127,039€128,946▲ 1.5%
Contributions10/11€50,000€50,000€50,000€50,000€50,000€50,000€50,000=
Reserves13€71,720€71,720€12,730€5,000€5,000€5,000€5,000=
Non-distributable reserves130/1--€5,000€5,000€5,000€5,000€5,000=
Reserves not available under the articles1311--€5,000€5,000€5,000€5,000€5,000=
Tax-exempt reserves132--€7,730-----
Profit (loss) carried forward14€1,343€1,859€61,425€69,341€70,418€72,039€73,946▲ 2.6%
Amounts payable17/49€89,015€89,652€112,795€136,085€127,501€115,432€116,439▲ 0.9%
Amounts payable after more than one year17€80,000€80,000€97,071€105,791€92,192€84,155€90,000▲ 6.9%
Financial debts170/4--€97,071€105,791€92,192€84,155€90,000▲ 6.9%
Amounts payable within one year42/48€9,015€7,997€13,709€28,238€33,053€28,942€22,340▼ 22.8%
Current portion of amounts payable after more than one year42--€7,425€13,363€13,600€8,036€4,155▼ 48.3%
Trade debts44€129€523€319€681€131€1€150▲ 150×
Suppliers440/4--€319€681€131€1€150▲ 150×
Taxes, remuneration and social security45--€4,597€7,926€3,550€7,127€8,801▲ 23.5%
Taxes450/3--€4,597€7,926€3,550€7,127€8,801▲ 23.5%
Other amounts payable47/48--€1,368€6,268€15,772€13,778€9,234▼ 33.0%
Accrued charges and deferred income492/3--€2,015€2,056€2,256€2,335€4,099▲ 75.5%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€152€516€576€186€1,077€1,621€1,907▲ 17.6%
+ Depreciation and write-downs630€8,058€14,704€19,610€14,970€20,016€20,627€25,569▲ 24.0%
Operating cash flow (approximation)€8,210€15,221€20,186€15,156€21,093€22,248€27,476▲ 23.5%
Investment in fixed assets (approximation)--€17,866-€49,203-€40,104-€16,913-€5,020-€933▲ 81.4%
Change in cash--€2,899-€8,869-€1,827-€3,014€3,218€24,628▲ 665%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 29-04-2026 2026-00092673
30-09-2024 micro format 30-04-2025 2025-00082287
30-09-2023 micro format 28-04-2024 2024-00077266
30-09-2022 micro format 27-04-2023 2023-00079677
30-09-2021 micro format 31-05-2022 2022-20047838
30-09-2020 micro format 24-04-2021 2021-11500205
30-09-2019 micro format 02-04-2020 2020-08500363
30-09-2018 micro format 23-03-2019 2019-07900544
30-09-2017 micro format 28-03-2018 2018-08000386
30-09-2016 abbreviated format 31-03-2017 2017-08100546

Show all 33 filings

Similar companies · same sector, comparable size

Of the 2,197 active companies whose main activity is other tax advisory services (NACE 69209), figures are known for 1,105. 863 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €120 awarded · €120 paid
Schemes
1 entry · €120 · €120 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors found in Belgian Official Gazette deeds yet. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 1 October 1992, STATENA was incorporated.1 Total assets went from €212,078 in 2019 to €245,385 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
29-04
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-09
Financial Highest result from 2019 to 2025net €1,907 ▲17.6%
Operating result €12,627, net result €1,907, both a record.
30-09
Financial Liquidity more than doubledcurrent ratio 2.34
Current ratio from 0.86 to 2.34; short-term debt falls from €28,942 to €22,340.
30-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
28-04
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
27-04
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-05
NBB filing Annual accounts filed
financial year 2021 · micro format · 31 days late
2021
24-04
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
02-04
NBB filing Annual accounts filed
financial year 2019 · micro format
2019
23-03
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
28-03
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
31-03
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.

Register details

Identification
Legal formCoöperatieve vennootschap met onbeperkte aansprakelijkheid
Founded01-10-1992
Financial year end30-09
Activities, NACEBEL 2025
69209Other tax advisory services
25110Manufacture of metal structures and parts of structures
43120Site preparation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0448480686
Also 9925:BE0448480686
Registered 08-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0448.480.686

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Pajottegem · 1 establishment unit since 1992
registered office establishment The establishment unit on the map
Ground area
2,493 m²
Building footprint
260 m²
Building volume
1,112 m³
Parcel 23031B0542/04D000, Flanders · tallest building 6.8 m. Linked by address, not a title deed.
1 establishment unit
STATENA
Mottestraat(HF) 5, 1540 PajottegemCrop and animal production, hunting and related service activities
since 1992unit no. 2.059.465.101
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23031B0542/04D000 Flanders 2,493 m² 1 · 260 m² 6.8 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.